SPY is trading at $781.54, up 0.87%, as lower oil prices and Treasury yields eased inflation concerns.
- Crude was down about 2%, and the 10-year yield retreated from a multi-decade high.
- AI-led strength and expectations for more than 30% year-over-year S&P 500 earnings growth also supported equities.
- Major U.S. indexes advanced broadly, though bond yields remain elevated.